//AIRLINES

Edi Wolfensberger to become Chief Operating Officer at Eurowings

Source: Eurowings Edi Wolfensberger, currently Chief Operating Officer (COO) of Brussels Airlines, will join the management board of Eurowings as Chief Operating Officer at the next possible date. Together with Jens Bischof (Eurowings CEO and Speaker of the Executive Board) and Kai Duve (Board member Finance, Human Resources and IT), Edi Wolfensberger will be part of a three-member Eurowings Executive Board going forward. Former Eurowings COO Jens Ritter is set to move to Frankfurt and become the new CEO of Lufthansa Airlines on 1 April 2022. Ritter succeeds Klaus Froese, who is handing over his post after more than six years on the Executive Board of Lufthansa Airlines and will be flying for Lufthansa as a captain in the future. [...]

2022-02-11T18:58:54+02:00February 11th, 2022|AIRLINES, News|

Virgin Atlantic agrees sustainable aviation fuel supply with Neste and ExxonMobil

Source: Virgin Atlantic Virgin Atlantic Limited and Neste Oyi are pleased to announce the UK supply of 2.5 million litres/2,000 metric tonnes of neat Sustainable Aviation Fuel (SAF), which will be delivered in the first half of 2022 to London Heathrow. The supply is an important step towards the airline’s target of 10% SAF by 2030. The agreement forms part of a wider collaboration between Virgin Atlantic, one of the world’s most fuel-efficient long-haul airlines and Neste, the world’s leading provider of SAF, to increase the availability and use of SAF in the UK. Neste MY Sustainable Aviation Fuel™ is made from sustainably sourced, renewable waste and residue raw materials. In its neat form, it can reduce greenhouse gas emissions [...]

2022-02-12T17:32:19+02:00February 11th, 2022|AIRLINES, News, SUPPLIERS|

Sharing the love of aviation

Source: American Airlines A 2021 Chairman’s Award winner, David Mansker, has made his passion for his profession a daily testament at work and his love for aviation shines beyond his career Aviation Maintenance Technical Crew Chief David Mansker strives to inspire the next generation of aviation professionals by sharing his passion for the industry with others. Growing up, he spent his summers at Tulsa International Airport (TUL), following his dad around as he cleaned planes. David has been bouncing around planes since he was 8 years old, but his own aviation career didn’t take off until later. After high school, David joined the United States Air Force, where he pursued a career in computer programming. After a few years in [...]

2022-02-12T17:30:07+02:00February 11th, 2022|AIRLINES, News|

LATAM adds support to its Reorganization Plan

Source: LATAM LATAM Group informs that, in the context of its Chapter 11 reorganization process in the U.S. Bankruptcy Court, on February 10, 2022, it entered into an amendment to the Restructuring Support Agreement, dated November 26, 2021 (as amended, the “RSA”). The purpose of this second amendment to the RSA is to incorporate as parties to the RSA the current members of the Ad Hoc Group of Bondholders represented by White & Case LLP (“W&C”). These members of the Ad Hoc Group of Bondholders include holders of the unsecured U.S. bonds issued by LATAM Finance Ltd. due April 2024, in the principal amount of US$700 million, and holders of the unsecured U.S. bonds issued by LATAM Finance Ltd. due [...]

2022-02-11T21:46:23+02:00February 11th, 2022|AIRLINES, News|

Alaska Air Group names Patricia Bedient board chair as Brad Tilden retires

Source: Alaska Air Alaska Air Group's (AAG) Board of Directors announced today that Lead Independent Director Patricia Bedient will replace Brad Tilden as chair of the company's Board of Directors, effective May 5, 2022. Ms. Bedient will serve as independent non-executive chair, while Mr. Tilden served as executive chair. The announcement is part of a leadership succession plan that involved Tilden retiring as CEO in March 2021 and passing the helm to Ben Minicucci. "The transition to Ben as CEO has been seamless, the leadership team is operating as one and the company is coming out of the pandemic in a position of strength," said Tilden. "From having the most caring employees in the business, to consistently delivering industry-leading guest [...]

2022-02-11T19:38:20+02:00February 11th, 2022|AIRLINES, News|

New Iittala Kuulas tableware for Finnair’s flights – Design by Harri Koskinen

Source: Finnair Finnair's completely new long-haul travel experience is complemented by new Iittala tableware designed exclusively for Finnair by Harri Koskinen, one of Finland's best-known contemporary designers The collection is to be used in Finnair's long-haul business class and the new premium economy travel class to such places as Boston, Cancun, Chicago, Dallas, Las Vegas, Los Angeles, Mexico City, Miami, Montreal, San Diego, Toronto, Vancouver; and short-haul business class The new Iittala Kuulas tableware is designed for the flying experience and inspired by the modern home-like environment. The collection, designed by Harri Koskinen, includes plates, bowls, cups, tumblers, wine glasses and cutlery. “In the long-haul business class and the new premium economy class, dining is an important part of the whole, and we [...]

2022-02-11T20:00:59+02:00February 10th, 2022|AIRLINES, News|

Spirit Airlines Reports Fourth Quarter and Full Year 2021 Results

Source: Spirit Airlines Spirit Airlines, Inc. reported fourth quarter and full year 2021 financial results. Ended the year 2021 with $1.7 billion of unrestricted cash, cash equivalents, short-term investment securities and liquidity available under the Company's revolving credit facility. As Reported (unaudited) Fourth Quarter 2021 Fourth Quarter 2020 Fourth Quarter 2019 Total Operating Revenues $987.6 million $498.5 million $969.8 million Pre-tax Income (Loss) $(91.8) million $(204.5) million $106.8 million Net Income (Loss) $(87.2) million $(157.3) million $81.2 million Diluted Earnings (Loss) Per Share $(0.80) $(1.61) $1.18 Adjusted 1 Fourth Quarter 2021 Fourth Quarter 2020 Fourth Quarter 2019 Adjusted EBITDA $14.9 million $(91.1) million $187.7 million Adjusted EBITDA Margin 1.5% (18.3)% 19.4% Adjusted Pre-tax Income (Loss) $(90.3) million $(207.9) million $108.0 million [...]

2022-02-10T12:25:59+02:00February 10th, 2022|AIRLINES, News|

Southwest Airlines And Transport Workers Union Local 550 Reach Tentative Agreement On Terms Of New Contract For Dispatchers

Source: Southwest Airlines Southwest Airlines Co. and the Transport Workers Union Local 550 (TWU 550) have reached a Tentative Agreement for the more than 400 Southwest Airlines Dispatch Employees. “This agreement rewards our skilled Dispatchers, while providing Southwest additional efficiencies,” said Vice President Labor Relations Adam Carlisle. “I’d like to thank both negotiating teams for their diligent work, which led to this agreement.” “It has been a long three years of negotiating with COVID-19 bringing a whole new set of challenges to the essential workers of TWU 550 and Southwest Airlines,” said TWU 550 President Larry Merchant. “I would like to thank the TWU 550 and Southwest Airlines negotiating teams for all of their hard work and flexibility required to get [...]

2022-02-10T12:26:38+02:00February 10th, 2022|AIRLINES, News|

Alaska Airlines unveils major investment to expand and remodel popular Lounges in Seattle and Portland

Source: Alaska Airlines All-new lounges planned for both airports with significant renovations in the near term Alaska Airlines has targeted a significant, multi-million dollar renovation and expansion of our most popular Lounges with plans for all-new locations at both at Seattle and Portland airports in the coming years. The revitalization of two current Lounges – scheduled to get underway this spring – will eventually pave the way for completely new spaces in 2025-26. The investment continues the dramatic improvements we've made in our Lounges, which includes the opening of our 15,000-square-foot Flagship Lounge at N Concourse in Seattle in 2019 and our new location at Terminal 2 in San Francisco last summer. "We love that our guests love our Lounges," said Sangita Woerner, senior vice president of marketing [...]

2022-02-10T12:28:21+02:00February 10th, 2022|AIRLINES, News|

Air Canada Unveils Turning Red Themed Aircraft Celebrating Disney and Pixar’s All New Film Set In Toronto

Source: Air Canada Directed by Academy Award™ winner and Canadian Domee Shi Air Canada unveils its first-ever movie-themed livery on an A220 A contest to win trips to Toronto for the Canadian premiere special event Turning Red-themed elements throughout the customer journey, including in-flight entertainment, enRoute magazine, and more Air Canada has today unveiled an aircraft with a themed livery and other surprises for its customers in celebration of the highly anticipated release of Disney and Pixar's Turning Red, an animated film that is set in Toronto and directed by Academy Award™ winner and Canadian Domee Shi. "As Canada's largest airline and the country's flag carrier, our collaboration with Disney and Pixar for Turning Red, directed by award-winning Canadian filmmaker [...]

2022-02-10T11:43:36+02:00February 10th, 2022|AIRLINES, News|